📉 On Fridays, Bitcoin often follows the same pattern. As the weekend approaches, the market starts pricing in potential escalation, and BTC tends to drift lower.
Right now, price has already reached the lower boundary of the ascending channel it has been holding since early February. If this level breaks, the next stop could be around $60K 🌡
⚠️ There are plenty of reasons for concern: Donald Trump reportedly gave Iran another 10 days for a possible truce and said negotiations were going well.
But then a leak from The Wall Street Journal suggested the Pentagon is considering sending another 10,000 troops to the Middle East, and all that optimism quickly faded 😳
💸 An early participant of the Ethereum ICO sold 11,552 ETH for around $23.4M. Those coins were once bought at $0.31, so the profit-taking was more than impressive.
👏 David Sacks is no longer the “crypto czar” — now he will focus on science and technology in general.
⚠️ Not financial advice. Educational content only. DYOR